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DP17784 Credibility gains from communicating with the public : evidence from the ECB's new monetary policy strategy
Ehrmann, Michael; Georgarakos, Dimitris; Kenny, Geoff - 2023
Persistent link: https://www.econbiz.de/10013477819
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Memories of high inflation
Ehrmann, Michael; Tzamourani, Panagiota - In: European journal of political economy 28 (2012) 2, pp. 174-191
Persistent link: https://www.econbiz.de/10009554468
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Credibility gains from communicating with the public : evidence from the ECB's new monetary policy strategy
Ehrmann, Michael; Georgarakos, Dimitris; Kenny, Geoff - 2023
elements of the strategy can enhance the perceived credibility that price stability will be maintained in the medium … strongest positive impact on credibility, boosting credibility also among the less financially literate and generating more … persistent credibility gains, even after inflation increased. …
Persistent link: https://www.econbiz.de/10013553462
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Point targets, tolerance bands, or target ranges? : inflation target types and the anchoring of inflation expectations
Ehrmann, Michael - 2021
central bank, or (ii) better anchoring, because they are missed less often, leading to an enhanced credibility. The evidence …
Persistent link: https://www.econbiz.de/10012508768
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Point targets, tolerance bands, or target ranges? : inflation target types and the anchoring of inflation expectations
Ehrmann, Michael - 2021
central bank, or (ii) better anchoring, because they are missed less often, leading to an enhanced credibility. The evidence …
Persistent link: https://www.econbiz.de/10012519532
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Monetary policy in the media
Berger, Helge; Ehrmann, Michael; Fratzscher, Marcel - 2011
Persistent link: https://www.econbiz.de/10008859079
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Monetary policy in the media
Berger, Helge; Ehrmann, Michael; Fratzscher, Marcel - In: Journal of money, credit and banking : JMCB 43 (2011) 4, pp. 689-709
Persistent link: https://www.econbiz.de/10009238059
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Monetary policy in the media
Berger, Helge (contributor); Ehrmann, Michael (contributor);  … - 2006
, and thus an important factor for its credibility and policy effectiveness. This paper analyses the coverage which ECB …
Persistent link: https://www.econbiz.de/10003375096
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Social value of public information : testing the limits to transparency
Ehrmann, Michael (contributor);  … - 2007
Transparency has become an almost universal virtue among central banks. The paper tests empirically, for the case of the Federal Reserve, two hypotheses about central bank transparency derived from the debate of Morris and Shin (2002) and Svensson (2006). First, the paper finds that the...
Persistent link: https://www.econbiz.de/10003599312
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The Predictability of Monetary Policy
Blattner, Tobias Sebastian - 2008
circumstances and contingencies. In this broader sense, longer-term predictability is also closely related to the credibility of the …
Persistent link: https://www.econbiz.de/10012772989